Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Canned Seafood Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Canned Seafood Market?
The market size of the canned seafood industry has experienced consistent growth in the past years. It is projected to rise from $35.27 billion in 2024 to $37 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%.
What Are the Expected Market Growth Trends for the Canned Seafood Market Through 2029?
The global canned seafood market is forecasted to reach a size of $47.1 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.2%.
Download the Free Sample Now:
What Are the Key Business Drivers in the Canned Seafood Market Landscape?
The key drivers in the canned seafood market are:
• Sustainability practices in seafood sourcing and production
• The clean label movement influencing consumer choices
• Expansion and increased importance of e-commerce in selling seafood products
• The premiumization of canned seafood products and introduction of plant-based alternatives
How Is the Canned Seafood Market Divided Across Key Categories?
The canned seafoodmarket covered in this report is segmented –
1) By Type: Canned Fish, Canned Mollusks, Canned Crustaceans, Canned Cephalopods
2) By Distribution channel: Hypermarkets and Supermarkets, Convenience stores, Independent grocery stores, Specialty stores, Online retail
3) By End User: Households, Commercial
Explore the Complete Market Report:
What Are the Ongoing Trends in the Canned Seafood Market?
The key trends in the canned seafood market are:
• The incorporation of sustainable practices is becoming a significant trend in the canned seafood market.
• The rise of the clean label movement is noticeably influencing the market.
• A growing trend of product premiumization is shaping the future of the canned seafood market.
• The emergence of plant-based alternatives is a notable future trend for the market.
Which Companies are Expanding in the Canned Seafood Industry?
Major players in the canned seafood market are:
• StarKist Co.
• Maruha Nichiro Corporation
• Wild Planet Foods Inc.
• Trident Seafoods Corporation
• Connors Brothers Limited
• Thai Union Group
• Bumble Bee Foods LLC
• Dongwon Food Co. Ltd.
• Nissui Corporation
• American Tuna Inc.
• Universal Canning Incorporated
• Tri Marine Group
• Mowi ASA
• Sajo Industries Co. Ltd.
• Nueva Pescanova S.L
• Royal Greenland A/S
• The Calvo Group
• Austevoll Seafood ASA
• Marine Harvest ASA
• Nippon Suisan Kaisha Ltd.
• Century Pacific Food Inc.
• Bolton Group
• OKAM
• John West Foods
• Clover Leaf Seafoods Company
• Brunswick Seafood
• Chicken of the Sea
• Empresas Aquachile SA
• Gomes da Costa
• Empress International Ltd.
Which is the Largest Region the Global Canned Seafood Market?
Europe was the largest region in the canned seafood market in 2024
